CHICAGO (September 29, 2016) -- Wellspring Worldwide, the leader in software for technology transfer and corporate innovation management, today appointed Japan Technology Group (JTG) as a strategic channel partner in Japan. JTG is the leading advisory firm for technology transfer and business development between global corporations and universities in Japan.

Japan Technology Group brings an extensive network of academic partners in Japan to benefit from Wellspring’s software to manage technology transfer, fortified by JTG’s expertise in trans-Pacific intellectual property brokerage and licensing transactions. In addition, JTG will represent Wellspring among JTG’s network of local and international corporate partners that conduct business with Japanese universities.

JTG serves as the first official channel partner to deliver Wellspring’s software products to universities and companies in the Asia-Pacific region.

Dr. Robert Lowe, Wellspring’s CEO, said, “This is an exciting partnership. JTG’s extensive experience in academic licensing complements Wellspring’s software for tech transfer and tech scouting. The research developed at Japan’s universities continues to be among the most sought-after around the globe. Simultaneously, Japan’s tech transfer practices are rapidly maturing, creating an immediate need for professional systems to manage the complexities of university–industry transactions.”

Wellspring is the leader in software solutions for tech transfer, corporate venturing, tech scouting, and intellectual property management. More than 500 organizations worldwide, ranging in size from 10 employees to more than 100,000, use Wellspring software to accelerate their innovation programs. Wellspring’s clients include Fortune 500 companies, small and medium-sized enterprises, hospitals, government agencies, and universities. The company also owns Flintbox, the world’s largest online exchange for early-stage technologies. For further information, please visit www.wellspring.com.

“JTG has proven to be very dependable and as advertised, they are extremely well connected to the research community in Japan. Their core expertise and approach to doing business are in alignment with our objectives. As a result, we have been able to establish several strategic relationships and collaboration opportunities.”

University of Hawai‘i Larry Cutshaw Director Business Development, Office of the Vice President for Research and Innovation